Italy - Welded Link Chain Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Welded Link Chain in Italy - 2023
Contents:
- Price for Metal Welded Link Chain in Italy (FOB) - 2023
- Price for Metal Welded Link Chain in Italy (CIF) - 2023
- Exports of Metal Welded Link Chain in Italy
- Imports of Metal Welded Link Chain in Italy
Price for Metal Welded Link Chain in Italy (FOB) - 2023
The average metal welded link chain export price stood at $3,668 per ton in July 2023, surging by 2.5% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 34% m-o-m. Over the period under review, the average export prices reached the maximum at $4,213 per ton in May 2023; however, from June 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($7,430 per ton), while the average price for exports to Norway ($1,716 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Metal Welded Link Chain in Italy (CIF) - 2023
The average metal welded link chain import price stood at $3,808 per ton in July 2023, rising by 26% against the previous month. Overall, import price indicated mild growth from July 2022 to July 2023: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, metal welded link chain import price decreased by -17.3% against May 2023 indices. The growth pace was the most rapid in September 2022 when the average import price increased by 54% m-o-m. The import price peaked at $6,469 per ton in November 2022; however, from December 2022 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($9,596 per ton), while the price for China ($2,692 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Metal Welded Link Chain in Italy
In 2022, metal welded link chain exports from Italy expanded sharply to 7.5K tons, surging by 5.4% against 2021. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, metal welded link chain exports soared to $31M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Metal Welded Link Chain in Italy (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 0.3 | 0.2 | 0.2 | 5.2 | 158.8% |
France | 2.5 | 2.3 | 2.9 | 3.8 | 15.0% |
Germany | 3.7 | 2.9 | 3.7 | 3.6 | -0.9% |
Austria | 1.0 | 0.3 | 1.5 | 1.8 | 21.6% |
Netherlands | 0.7 | 0.6 | 0.9 | 1.5 | 28.9% |
China | 2.0 | 1.7 | 1.4 | 1.3 | -13.4% |
Poland | 0.3 | 0.2 | 0.4 | 1.1 | 54.2% |
Spain | 0.4 | 0.7 | 0.9 | 1.1 | 40.1% |
Slovenia | 0.8 | 0.6 | 0.9 | 1.0 | 7.7% |
United States | 0.7 | 0.1 | 0.1 | 0.9 | 8.7% |
Australia | 0.2 | 0.3 | 0.5 | 0.8 | 58.7% |
New Zealand | 0.4 | 0.3 | 0.4 | 0.7 | 20.5% |
South Korea | 0.4 | 0.3 | 0.5 | 0.7 | 20.5% |
Others | 7.5 | 5.7 | 6.8 | 7.6 | 0.4% |
Total | 20.9 | 16.2 | 21.2 | 31.0 | 14.0% |
Top Export Markets for Metal Welded Link Chain from Italy in 2022:
- Sweden (1220.4 tons)
- France (1034.1 tons)
- Germany (943.6 tons)
- Austria (578.5 tons)
- Poland (374.8 tons)
- Netherlands (331.2 tons)
- Slovenia (322.1 tons)
- United States (305.6 tons)
- Spain (234.0 tons)
- New Zealand (175.6 tons)
- Australia (172.6 tons)
- China (145.0 tons)
- South Korea (140.8 tons)
Imports of Metal Welded Link Chain in Italy
In 2022, approx. 4.2K tons of welded link chain of iron or steel were imported into Italy; growing by 39% compared with the previous year. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, metal welded link chain imports skyrocketed to $17M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Metal Welded Link Chain in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.5 | 4.8 | 6.3 | 8.9 | 36.5% |
Germany | 1.6 | 1.0 | 1.5 | 5.7 | 52.7% |
Czech Republic | 1.1 | 0.8 | 1.3 | 1.3 | 5.7% |
Austria | 0.4 | 0.2 | 0.4 | 0.2 | -20.6% |
Others | 1.1 | 1.2 | 1.9 | 1.5 | 10.9% |
Total | 7.7 | 8.1 | 11.4 | 17.5 | 31.5% |
Top Suppliers of Metal Welded Link Chain to Italy in 2022:
- China (2857.5 tons)
- Germany (735.9 tons)
- Czech Republic (373.3 tons)
- Austria (27.5 tons)
This report provides an in-depth analysis of the market for metal welded link chain in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25931724 - Welded link chain of iron or steel (excluding articulated link chain, skid chain and stud-link chain)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for metal welded link chain in Italy.
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Metal Chain exports spiked by 147% in September 2023, but saw a significant decline to $1.3M in October of the same year.
In January 2023, the transmission shaft price amounted to $11,835 per ton (FOB, Italy), waning by -4.9% against the previous month.
Explore the top import markets for transmission shaft in 2023, including the United States, Germany, China, and more. Learn about the key players in this industry and their import values.
In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
Metal Chain exports spiked by 147% in September 2023, but saw a significant decline to $1.3M in October of the same year.
In January 2023, the transmission shaft price amounted to $11,835 per ton (FOB, Italy), waning by -4.9% against the previous month.
Explore the top import markets for transmission shaft in 2023, including the United States, Germany, China, and more. Learn about the key players in this industry and their import values.